Need to lock…what are rates doing out there experts?

[Trojan4Life]

I’m within 14 days of closing and haven’t locked yet. It will be a jumbo conventional with 20% down. I’ve budgeted to pay 1 pt.

Today my Mortgage Broker called and said 4.875 with 1pt was available. I know there are some economic announcements coming from the government this week, so what is the concensus on how that will affect rates?

[HLS]

Is that a 1 point buy down cost in addition to being charged other broker fees to get 4.875%
OR is your only cost to get 4.875% 1pt ??

[HLS]

Is that a 1 point buy down cost in addition to being charged other broker fees to get 4.875%
OR is your only cost to get 4.875% 1pt ??

[HLS]

Is that a 1 point buy down cost in addition to being charged other broker fees to get 4.875%
OR is your only cost to get 4.875% 1pt ??

[HLS]

Is that a 1 point buy down cost in addition to being charged other broker fees to get 4.875%
OR is your only cost to get 4.875% 1pt ??

[HLS]

Is that a 1 point buy down cost in addition to being charged other broker fees to get 4.875%
OR is your only cost to get 4.875% 1pt ??

[1stimebuy]

I was looking for one also… I got

via Lendingtree

30 year fixed 4.87
15 year fixed 4.37

1 % origination
$750 underwriting
plus title, appraisal etc…

Local credit union

30 year fixed 5.1
15 year fixed … I forgot 🙂

I haven’t looked at numbers seriously until today, so I have no idea about the trend…

[1stimebuy]

I was looking for one also… I got

via Lendingtree

30 year fixed 4.87
15 year fixed 4.37

1 % origination
$750 underwriting
plus title, appraisal etc…

Local credit union

30 year fixed 5.1
15 year fixed … I forgot 🙂

I haven’t looked at numbers seriously until today, so I have no idea about the trend…

[1stimebuy]

I was looking for one also… I got

via Lendingtree

30 year fixed 4.87
15 year fixed 4.37

1 % origination
$750 underwriting
plus title, appraisal etc…

Local credit union

30 year fixed 5.1
15 year fixed … I forgot 🙂

I haven’t looked at numbers seriously until today, so I have no idea about the trend…

[1stimebuy]

I was looking for one also… I got

via Lendingtree

30 year fixed 4.87
15 year fixed 4.37

1 % origination
$750 underwriting
plus title, appraisal etc…

Local credit union

30 year fixed 5.1
15 year fixed … I forgot 🙂

I haven’t looked at numbers seriously until today, so I have no idea about the trend…

[1stimebuy]

I was looking for one also… I got

via Lendingtree

30 year fixed 4.87
15 year fixed 4.37

1 % origination
$750 underwriting
plus title, appraisal etc…

Local credit union

30 year fixed 5.1
15 year fixed … I forgot 🙂

I haven’t looked at numbers seriously until today, so I have no idea about the trend…

[Coronita]

I was just asking BofA a few days ago.

I was quoted by the local mortgage broker. Don’t know if these are right or not.

$417k/20yr

4.78: 0pt/ 0fee
4 5/8 0pt/ $2600-2700 fee
4.5: 1pt + $2600-$2700 fee

$417k/30yr
5 1/8 0pt/0 fee
4 7/8 0pt/$2600-2700 fee
4 3/4 1pt/$2600-2700 fee

Did not ask for the 15 yr.

I did not delve into further details. Probably more hidden costs etc.

Anyone more current?

Edit. Never mind….I just read more carefully…You said “conforming plus”….sorry.

[Coronita]

I was just asking BofA a few days ago.

I was quoted by the local mortgage broker. Don’t know if these are right or not.

$417k/20yr

4.78: 0pt/ 0fee
4 5/8 0pt/ $2600-2700 fee
4.5: 1pt + $2600-$2700 fee

$417k/30yr
5 1/8 0pt/0 fee
4 7/8 0pt/$2600-2700 fee
4 3/4 1pt/$2600-2700 fee

Did not ask for the 15 yr.

I did not delve into further details. Probably more hidden costs etc.

Anyone more current?

Edit. Never mind….I just read more carefully…You said “conforming plus”….sorry.

[Coronita]

I was just asking BofA a few days ago.

I was quoted by the local mortgage broker. Don’t know if these are right or not.

$417k/20yr

4.78: 0pt/ 0fee
4 5/8 0pt/ $2600-2700 fee
4.5: 1pt + $2600-$2700 fee

$417k/30yr
5 1/8 0pt/0 fee
4 7/8 0pt/$2600-2700 fee
4 3/4 1pt/$2600-2700 fee

Did not ask for the 15 yr.

I did not delve into further details. Probably more hidden costs etc.

Anyone more current?

Edit. Never mind….I just read more carefully…You said “conforming plus”….sorry.

[Coronita]

I was just asking BofA a few days ago.

I was quoted by the local mortgage broker. Don’t know if these are right or not.

$417k/20yr

4.78: 0pt/ 0fee
4 5/8 0pt/ $2600-2700 fee
4.5: 1pt + $2600-$2700 fee

$417k/30yr
5 1/8 0pt/0 fee
4 7/8 0pt/$2600-2700 fee
4 3/4 1pt/$2600-2700 fee

Did not ask for the 15 yr.

I did not delve into further details. Probably more hidden costs etc.

Anyone more current?

Edit. Never mind….I just read more carefully…You said “conforming plus”….sorry.

[Author]

Posts